If you are one of the (seemingly) lucky few with the money at your disposable to invest in a luxury property, the area of South Surrey is definitely one to consider.
Traditionally, if you wanted a luxury property, you would naturally consider West Vancouver with its beautiful, sprawling mansions. However, in the past few years Vancouver house prices have reached record highs with some homes being priced over the $2 million mark. Savvy real estate buyers are therefore looking elsewhere and South Surrey has now become an incredibly popular place to live within the lower mainland due to its wealth of luxury properties offering either gorgeous ocean views or golf course back-ups.
Investing in South Surrey real estate goes deeper than this, though. The area is highly sought-after because of its excellent quality schools and fantastic local amenities.
With a great deal of real estate stock, there is a lot of activity in South Surrey. In addition, several luxury homes have been built in the area to cater for the demand. When compared with Vancouver luxury real estate, there is no contest: buyers really do get much more value for their money.
So, if you would like to find your own hidden gem in South Surrey what is the best way to go about it? Well, it should be noted that many luxury properties are generally not listed in order to protect the privacy of the owners. You therefore need to be aware of the listings beforehand which can be rather tricky. A way around this could be to contact a luxury real estate broker. In addition, you need to have your finances prepared as mortgages for luxury properties usually take longer to be approved than smaller loans.